Steven Sefton Named New President of Regents Bank
Regents Bank is pleased to announce the appointment of Steven D. Sefton as its new president. Dan Yates remains chief executive officer of the bank as well as president of Grandpoint Capital, Inc., the parent company of Regents Bank.
“Steve brings 28 years of Southern California banking experience to Regents,” said Yates. “I’ve enjoyed a close professional relationship with him for the past 17 years and am excited to work with him again and to have his leadership at Regents. Steve understands and shares Regents’ consultative banking philosophy and having him at the helm will be a very natural and seamless transition for our employees and clients.”
Thomas Young, chairman of the board of Regents Bank, added, “The board is very pleased to welcome
Steve to Regents. His experience and talent will be a tremendous asset to the bank and to our clients.”
Steve is equally excited to be an integral part of the Regents team. “It is a privilege to associate with a bank known for such high quality – quality clients and quality people,” he said.
Prior to joining Grandpoint Bank, Steve was senior vice president of Citizen’s Business Bank, managing one of the bank’s largest regional offices. He joined the bank as the first manager of the headquarters’ Commercial Banking Group, where he grew combined loans and deposits to just under $135 million in four years. From 1995 to 2008, Sefton worked for Mellon 1st Business Bank. In 2002, he was appointed regional vice president, managing a de novo commercial office he opened. Sefton and his team grew the office to over $200 million in loans and deposits in six years. From 1991 to 1995, he worked at Sanwa Bank as vice president and team leader. Sefton began his banking career at City National Bank, working at the Beverly Hills headquarters in 1984.
Steve serves on the board of one of the largest Boy Scouts Counsels in the country, the Aliso Pico Business Support Group, and is an auxiliary member of the City of Hope.
He is a 1984 graduate of the University of Texas where he received his Bachelor of Business Administration degree in Finance.
All of us at Regents Bank welcome Steve’s leadership and are looking forward to continuing the growth and prominence we’ve established over the past ten years as a leading bank for the business communities of San Diego and Vancouver, WA.